Fluor's objective is to create value for all of its stakeholders, including shareholders, clients, employees, and the communities where Fluor employees live and work. Good corporate governance standards that promote the principles of integrity, transparency, and accountability will protect and likely enhance Fluor's stakeholder value. Fluor believes good business practices, transparency in corporate financial reporting, and the highest levels of corporate governance are essential components of the company's success.
Fluor will continue to take all steps the Board believes will further improve the company's standards, controls, and accountabilities.
Members of Fluor's Board of Directors participate in five standing Board committees: Audit, Executive, Governance, Organization and Compensation, and Commercial Strategies and Operational Risk.
Brief biographies of each of Fluor's directors are provided.
Nine of our 11 Board members are independent. Board committees (other than the Executive Committee) are composed solely of independent directors.
Corporate Governance Documents include Fluor's Certificate of Incorporation, Bylaws, Board Committee Charters, Corporate Governance Guidelines, and the Code of Conduct for the Board of Directors. Corporate Governance Guidelines are regularly reviewed and updated, in response to changing regulations and stakeholder concerns and committee charters clearly establish each committee's roles and responsibilities.
Brief biographies of each of Fluor's executive leadership are provided.
The purpose of Fluor's Political Activities Policy is to promote compliance with all laws and regulations applicable to our political contributions and activities.